Jupiter Fund Management (LON:JUP) Insider Wayne Mepham Sells 206,766 Shares

Jupiter Fund Management Plc (LON:JUP) insider Wayne Mepham sold 206,766 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of GBX 195, for a total value of £403,193.70.

Jupiter Fund Management Stock Up 0.1%

LON JUP opened at GBX 191.38 on Friday. The company has a 50-day moving average price of GBX 182.14 and a 200-day moving average price of GBX 155.96. Jupiter Fund Management Plc has a 52 week low of GBX 64.70 and a 52 week high of GBX 214.50. The firm has a market capitalization of £975.51 million, a P/E ratio of 17.72 and a beta of 1.42.

Jupiter Fund Management (LON:JUP) last announced its earnings results on Thursday, February 26th. The company reported GBX 19.40 earnings per share (EPS) for the quarter. Jupiter Fund Management had a net margin of 21.19% and a return on equity of 11.49%. As a group, equities research analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 EPS for the current year.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on Jupiter Fund Management from GBX 165 to GBX 175 and gave the stock a “hold” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Jupiter Fund Management has an average rating of “Hold” and an average price target of GBX 150.33.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.